NZD/USD - Tweezer tops and a double top? Time to short..
Hi All,
Here we have the NZD/USD on a 1HR time frame. The DAILY and 4HR time frame are in a bearish trend which leads me to believe this could be a short position.
My confirmation would be the bigger picture of a double top with the left side having a good rejection wick and the right side having a tweezer top, Also the tweezer top has respected the bearish trend line.
Good luck and trade safe.
L
** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **
Here we have the NZD/USD on a 1HR time frame. The DAILY and 4HR time frame are in a bearish trend which leads me to believe this could be a short position.
My confirmation would be the bigger picture of a double top with the left side having a good rejection wick and the right side having a tweezer top, Also the tweezer top has respected the bearish trend line.
Good luck and trade safe.
L
** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **